Bank of America Advises Allocating 1-4% of Portfolios to Cryptocurrencies
Bank of America, one of the largest banks in the U.S., advises institutional clients to allocate 1% to 4% of their portfolios to digital assets.
Bank of America Advises Allocating 1-4% of Portfolios to Cryptocurrencies
Bank of America, one of the largest banks in the U.S., advises institutional clients to allocate 1% to 4% of their portfolios to digital assets.
Bank of America flags hurdles for PayPal’s stablecoin
The launch of PayPal USD (PYUSD) stablecoin will improve payment efficiency and customer service quality, but its rollout is unlikely to be widespread.
Bank of America flags the dawn of a new era for blockchains
Analysts at Bank of America noted that networks such as Near, Tron, Avalanche, Solana, Polkadot and Cardano are pursuing new approaches to improve the balance between scalability, decentralisation and security, according to CoinDesk.
Bank of America: CBDCs and stablecoins could reshape the global financial system
Digital currencies, CBDCs and stablecoins are the natural evolution of money and payments, according to Bank of America researchers.
Bank of America sees Ethereum institutional adoption rise after The Merge
The Ethereum network’s transition from Proof-of-Work to Proof-of-Stake (PoS) will not solve scalability or high fees, but may lead to broader institutional adoption. This is the view of Bank of America (BofA) analysts, as reported by CoinDesk.
Bank of America analysts flag bullish signals for Bitcoin
An intensification of cryptocurrency outflows from exchanges and a rise in net inflows into stablecoins signal a bullish market impulse. Bank of America analysts arrived at this conclusion, according to Decrypt.
Bank of America notes investor interest in the industry amid crypto winter
Concerns about the crypto winter have not cooled investor interest in the sector. Bank of America (BofA) analysts said this, according to CoinDesk.
Bank of America casts doubt on Bitcoin as an inflation hedge
Bitcoin has not, for some time now, served as an inflation hedge. Bank of America's analysts reached that conclusion, Fortune reports.
Bank of America flags Bitcoin’s potential as a hedge against a stock-market downturn
Commodity assets, cash and cryptocurrencies may show favorable momentum relative to stocks and bonds amid a confluence of inflation shocks, recession and Federal Reserve policy. Bank of America strategist Michael Hartnett arrived at such conclusions, according to Business Insider.
Bank of America Analysts See No Signs of a Broad ‘Crypto Winter’
The dynamics of moving cryptocurrencies between private and exchange wallets indicate investor uncertainty about the market's future developments in digital assets.
Bank of America names Chainlink as one of the drivers of TVL growth in the DeFi sector
The decentralized oracle network of Chainlink could accelerate blockchain adoption in finance, insurance, supply chains, as well as gaming and gambling projects, according to a Bank of America analytical report.
Bank of America forecasts CBDC rollout will preserve the dollar’s dominance
The national digital currency (CBDC) will preserve the status of the U.S. dollar as the world’s reserve currency and broaden access to financial services. This was stated by Bank of America strategists, Bloomberg reports.We use cookies to improve the quality of our service.
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